2K Sports and Konami Announce MLB® Power Pros

New York, NY and El Segundo, CA - August 3, 2007 - 2K Sports, the sports publishing label of Take-Two Interactive Software, Inc. (NASDAQ: TTWO), and Konami Digital Entertainment, Inc. announced today a new and exciting Major League Baseball® title - MLB® Power Pros. Developed by Konami Digital Entertainment, Inc., and based on the best selling "Power Pro" baseball series in Japan, MLB Power Pros will be published by 2K Sports in North America and will be available in Fall 2007.

"For years, Konami's Power Pro Baseball has been Japan's No. 1 baseball game, in sales and fan ratings," said Kazumi Kitaue, Chairman and CEO of Konami Digital Entertainment, Inc. "Now, in an excellent partnership with 2K Sports, it is with great pleasure that we bring Power Pro Baseball to the North American market as MLB Power Pros, where this great sport was born."

MLB Power Pros delivers an original visual style to America's favorite pastime. Every MLB® player will be represented in the "Power Pro" character style - a miniature toy-like figurine model. Gamers will recognize their favorite baseball stars through comic usage of facial expressions, facial hair, and hair styles. Every MLB ballpark has been faithfully replicated with their respective famous landmarks, bringing astounding authenticity to every game. This visual combination is certain to delight baseball fans of all ages.

Solid gameplay features and responsive controls provide an exciting baseball experience in MLB Power Pros. The easy pick-up-and-play mechanics in both pitching and batting allow for instant fun. Amazing animations will be seen in the field with incredible double plays, diving catches, and even home-run-robbing wall catches.

Featuring over a dozen different game modes, MLB Power Pros offers great long-term playability highlighted by the detailed Season Mode and popular Success Mode. With Season Mode, players become an MLB team general manager with the goal of winning the World Series™ by controlling all aspects of the team including training players, purchasing better equipment, making trades, and much more. Success Mode combines traditional role-playing elements with baseball scenarios to create one of the most unique and compelling game modes in any sports title. This story-based mode puts the user in the role of a college baseball player with the goal of becoming a Major League player - gamers will train the player in numerous games while dealing with real-world situations of academics, part-time jobs, and other social situations.

MLB® Power Pros will be available on the PlayStation®2 computer entertainment system and the Wii™ home video game system from Nintendo in Fall 2007.

About Take-Two Interactive Software

Headquartered in New York City, Take-Two Interactive Software, Inc. is a global developer, marketer, distributor and publisher of interactive entertainment software games for the PC, PlayStation® game console, PlayStation®2 and PLAYSTATION®3 computer entertainment systems, PSP® (PlayStation®Portable) system, Xbox® and Xbox 360™ video game and entertainment systems from Microsoft, Wii™, Nintendo GameCube™, Nintendo DS™ and Game Boy® Advance. The Company publishes and develops products through its wholly owned labels Rockstar Games, 2K and 2K Sports, and Global Star Software; and distributes software, hardware and accessories in North America through its Jack of All Games subsidiary. Take-Two's common stock is publicly traded on NASDAQ under the symbol TTWO. For more corporate and product information please visit our website at www.take2games.com.

About Konami

Konami is a leading developer, publisher and manufacturer of electronic entertainment properties. Konami's titles include the popular franchises Metal Gear Solid®, Silent Hill®, Dance Dance Revolution® and Castlevania®, among other top sellers. The latest information about Konami can be found on the Web at www.konami.com. Konami Corporation is a publicly traded company based in Tokyo, Japan with subsidiary offices, Konami Digital Entertainment, Co., Ltd. in Tokyo, Japan, Konami Digital Entertainment, Inc. in the United States and Konami Digital Entertainment GmbH in Frankfurt, Germany. Konami Corporation is traded in the United States on the New York Stock Exchange under the ticker symbol KNM. Details of the products published by Konami can be found at www.konami.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The statements contained herein which are not historical facts are considered forward-looking statements under federal securities laws. Such forward-looking statements are based on the beliefs of our management as well as assumptions made by and information currently available to them. The Company has no obligation to update such forward-looking statements. Actual results may vary significantly from these forward-looking statements based on a variety of factors. These risks and uncertainties include the matters relating to the Special Committee's investigation of the Company's stock option grants and the restatement of our consolidated financial statements. The investigation and conclusions of the Special Committee may result in claims and proceedings relating to such matters, including previously disclosed shareholder and derivative litigation and actions by the Securities and Exchange Commission and/or other governmental agencies and negative tax or other implications for the Company resulting from any accounting adjustments or other factors. Other important factors are described in the Company's Annual Report on Form 10-K for the fiscal year ended October 31, 2006, and in the Company's Form 10-Q for the second quarter ended April 30, 2007 in the section entitled "Risk Factors."

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